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Last week, BGI revealed that he had discovered an organized fuel theft ring in its Buzwagi mine in Tanzania and was suspended or dismissed on 60pc staff. Buzwagi is one of the four mines that BGI operates in the East African country.

Society, registered in London in March and is still owned by its parent company Canadian Barrick Gold, 75pc said that production in the third quarter fell by 23pc 164,996 onces.recettes for the quarter fell 1pc 209 m $ (￡ 133 m) and earnings before taxes leaved proper $60. $9 65 m.6 m.

The lower levels of production caused cash expenses increased $ 615 per ounce for the quarter, mainly due to additional costs to Buzwagi 32pc. Year-round production should now be comparable to 716,000 ounces produced in 2009.

"We will overcome Buzwagi issues this year."They are a temporary setback, "said Greg Hawkins, Chief Executive." "" We took some fairly difficult decisions when it comes to the site and we have also introduced some fairly strong leadership.?

The company flew to new employees and is the formation of local workers. "Change management can offset the exodus of key personnel of the ABG and we are confident that the Group should begin with the best performance of the year, said John Meyer, a mining analyst said Fairfax broker.

Shares have remained unchanged 550 percent, lower than the flotation of 575 p.

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